Monday, April 25, 2011

Added one more

Had just a little cash left so I jumped into ARUN today, so now I’m tapped out. I have a lot of stocks in the money, but I also have a lot of stocks were their stop loss orders are out of the money. I need a bit more movement to be free. SINA made a very nice recovery today after the down grade from Goldenman Sacks last week, which just makes me mad. Two days after my purchase on a nice trending stock and they try an crush it. It is still a closely watch for now to see if it can crawl back into the black.

NFLX or Netflix is a classic example why you do not buy a stock right before earnings unless you are on the inside. We little people will never be on the inside and if you buy right before, it is a gamble only. Netflix reported after the close of the market today and it is down 5.3% in the aftermarket as of 7:50pm. It will be under pressure most likely most of tomorrow. If you look at the Weekly, Daily and 30 minute chart, it could be a nice buying opportunity if it holds above $230. I would not touch it until the sellers are done with it and the buyers return.

Jan
Feb
Mar
Apr
May
Jun
YTD 2011
$5.41
$698.41
$163.29
$248.52
$0.00
$0.00
$618.55

Stock
Entry
Price
Stop
Profit
% Gain
ARUN
$35.72
$35.80
$32.97
$5
0
BIDU
$147.62
$151.96
$146.00
$66
3
CSTR
$48.48
$50.52
$46.50
$126
4
CVI
$22.90
$23.20
$22.03
$39
1
CVS
$36.40
$36.02
$35.30
$26
0
HITK
$24.20
$27.25
$26.21
$305
13
JAZZ
$31.95
$33.50
$33.02
$122
5
LULU
$100.00
$101.38
$94.24
$41
1
PDC
$15.28
$15.82
$14.61
$108
3
PRX
$33.83
$33.20
$32.50
$57
2
SINA
$142.00
$138.41
$136.00
$75
3
SLE
$18.42
$18.62
$18.25
$27
1
TOTAL ------------ ----------- ----------
$681
---------

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